Anticipo Ricevute Bancarie (Ri.Ba) scritture contabili in partita doppia Esercizio Svolto

Summary

In this video, Pamella Frezza, an economics professor and accountant, explains the process of handling anticipatory banking on Receivables with the 'Salvo Buon Fine' condition. She walks through the accounting steps involved when a company issues an invoice, receives payment via bank receipts, and presents them to the bank for early payment. The video details the double-entry bookkeeping for the transactions, the relationship between debtor and creditor, and how to handle situations like bank discounts or non-payment by clients. Pamella also touches on the importance of software management for these accounting practices.

Takeaways

• 😀 The speaker introduces herself as Pamella Frezza, an Economics professor and accountant, and encourages viewers to follow her on various platforms.
• 😀 The script discusses the process of issuing a bank receipt for a sale and the steps involved when it is anticipated by a bank under the 'Salvo Buon Fine' scheme.
• 😀 'Salvo Buon Fine' refers to a banking arrangement where a company receives an advance on the bank receipt before its due date, but the bank reserves the right to reclaim the funds if the customer does not pay.
• 😀 On March 10th, the company issues an invoice for goods worth €28,018.46. This involves accounting entries for the goods sold and VAT.
• 😀 The VAT is recorded as a liability ('IVA a debito') because the company owes this amount to the tax authority.
• 😀 On March 15th, a bank receipt is issued with a due date of July 1st, and the company's credit to the customer is transferred to a new account, 'Riba effetti.'
• 😀 The bank receipt is presented to the bank on March 15th, with the goal of obtaining an early advance. The credit towards the customer is closed, and a new entry is made for 'Presentazione Salvo Buon Fine.'
• 😀 The company receives an advance from the bank on March 26th. The cash entry reflects an increase in the company’s bank account, and a corresponding liability to the bank is created under 'Anticipo Salvo Buon Fine.'
• 😀 The advance payment from the bank is considered a short-term liability until the customer pays the original bank receipt on July 1st.
• 😀 On July 1st, when the customer settles the payment, a journal entry is made to close the bank’s liability and credit the 'Salvo Buon Fine' entry, reflecting the transfer of funds from the bank receipt.
• 😀 The process highlights the importance of understanding the software used in accounting to automate such transactions, including predefined causalities that assist in the bookkeeping process.

Q & A

What does 'Salvo buon fine' mean in the context of the bank receipt advance process?

Salvo buon fine means that the bank reserves the right to reverse the advance payment if the customer does not settle the bank receipt on the due date. It’s a precautionary measure taken by the bank.

How does the process of issuing an invoice work in the context of bank receipts?

When an invoice is issued, it creates a credit entry in the company’s books, indicating the amount due from the customer. This credit is balanced by a corresponding entry for the revenue from the sale and the VAT liability.

What is the significance of the 'Riba effetti' account in accounting for bank receipts?

The 'Riba effetti' account is used to record the receivables related to bank receipts. It represents a credit for the amount due from the customer, which will be cleared when the payment is made or the receipt is presented to the bank.

Why does the company present the bank receipt to the bank before its due date?

The company presents the receipt to the bank before the due date to request an advance on the payment. This is done to obtain liquidity before the actual payment date, with the bank providing funds upfront in exchange for a fee.

What happens in the company’s books when the receipt is presented to the bank for the advance?

When the receipt is presented to the bank, the 'Riba effetti' account is closed, and a new account called 'Presentazione Salvo buon fine' is opened, indicating that the receipt is now with the bank for an advance.

What is the role of the bank in the process of providing a bank receipt advance?

The bank provides an advance on the bank receipt by paying the company the value of the receipt before its due date. The bank assumes the risk of the customer not paying the receipt, which is why the advance is granted with the 'Salvo buon fine' condition.

How does the company record the receipt of the advance from the bank in its financial statements?

The company records the receipt of the advance as an increase in its bank account ('Banca conto corrente ordinario'), and a liability is created under the 'Anticipo Salvo buon fine' account, reflecting the debt to the bank until the customer settles the receipt.

What is the significance of the 'anticipo Salvo buon fine' account in the company’s books?

The 'anticipo Salvo buon fine' account represents a liability to the bank, reflecting the amount the company owes until the customer pays the receipt. It serves as a reminder that the company must repay the bank if the customer defaults.

What is the impact of the customer paying the bank receipt on the company’s accounts?

When the customer pays the receipt on its due date, the company records a simple journal entry to clear the liability to the bank ('Anticipo Salvo buon fine'), as the funds were already advanced by the bank.

What should companies consider when choosing an accounting software for handling bank receipt advances?

Companies should ensure that their accounting software can handle specific entries like 'Riba effetti', 'Presentazione Salvo buon fine', and 'Anticipo Salvo buon fine', and that it integrates well with their financial management practices to accurately track these transactions.